Foreigners lose taste for U.S. assets in Nov-U.S. Treasury

January 16, 2014|Reuters

NEW YORK, Jan 16 (Reuters) - Foreigners sold U.S. assets inNovember, reversing a buying binge sparked the prior month bythe end of a 16-day U.S. government shutdown, U.S. Treasury datashowed on Thursday.

Overseas investors cut their holdings of long-term U.S.securities in November by $29.3 billion, reversing a $28.7billion increase in October. The October figure was adjustedfrom an originally reported $35.4 billion.

Including short-dated securities such as bills, foreignholdings declined by $16.6 billion after pulling in a hefty$188.1 billion in October.